Banque du Caire selects JP Morgan

  • Published: 12 October 2007 14:00
  • Last Updated: 12 October 2007 14:00

JP Morgan has been selected as the adviser on the sale of an 80 per cent stake in Banque du Caire, as Cairo pushes ahead with its privatisation programme. An agreement will be signed before the end of October and the acquisition is expected to be completed in six to eight months' time.



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